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  • February 14, 2026
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Crypto Advocates Urge UK’s FCA to Narrow Regulatory Scope

Crypto Advocates Urge UK’s FCA to Narrow Regulatory Scope

The DeFi Education Fund (DEF), a Washington, D.C.-based advocacy group, is urging the United Kingdom’s Financial Conduct Authority (FCA) to limit its upcoming cryptocurrency regulations to entities that have unilateral control over user funds or transactions, CoinDesk reported Friday (Feb. 13).

The DEF made these comments in a response to an FCA consultation paper, and shared that response exclusively with CoinDesk, according to the report.

When determining the scope of regulations, “Control should be the determinative factor,” the DEF said, per the report.

The FCA announced in December that it was seeking feedback on its proposals for U.K. crypto rules and that it would accept responses until Feb. 12.

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